E-Business Tax (MOSC)

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Do multiple VAT registration numbers require multiple Legal Entities

in E-Business Tax (MOSC) 1 commentAnswered

Our company is based in the UK and since we left the ECC we have registered for tax in 4 EU countries. Invoices issued and paid under these new tax registration need to be reported separately.

I have been advised that these new registrations will need to be configured as Legal Entities with a separate Company Code in Oracle.

Is this the best approach? Could we create and report on tax regimes under one Legal Entity?

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